Federal Land project attracts investors
If the Don Chino Roces area (formerly Pasong Tamo) is enjoying a boom in property development right now, credit should also go to Federal Land Inc., the property unit of the Metrobank Group, for leading the way in developing the once laid back area.
And Federal Land continues to be aggressive in property development as indicated by the construction of The Oriental Place, one of the company’s projects in the said area whose showroom was inaugurated recently.
Jose Mari Banzon, executive vice president and general manager, said that location is a major factor why investors and home buyers want to locate in the area.
“It brings convenience to you when you are based in Makati because of the accessibility to schools, business, malls, hospitals and churches, among others,” he noted.
The 35-story, high-rise residential project is located along Don Chino Roces Avenue, in the heart of the Makati Commercial Business District. It is easily accessible from Senator Gil Puyat Avenue, Amorsolo St. (in Legaspi Village) and Pasay Road. Schools, offices, and other commercial establishments just within the proximity. Reflecting the style and elegance of an urban lifestyle, The Oriental Place boasts of complete facilities and services at a fair price.
Aside from its strategic location, Banzon explained that the company’s impressive track record in turning over their projects is also a major reason why buyers are not reluctant to buy a property from them.
“When Federal Land promises to deliver a project on a said date, it is committed to deliver the project on the exact date,” said Banzon. “Even during The Oriental Garden days, Federal Land was committed to finish the projects even at times when business encountered challenging times.”
Banzon stressed that learning the rudiments of investments in real estate will guide a buyer to maximize the returns on his investments. He noted that an investor needs to understand the basics of investment – the value of the property, the capital appreciation, trends in rental rates, and any costs incurred.
Although it involves a certain degree of risk, Banzon said a buyer can earn much in just after a few years by investing in an ideally-situated property like The Oriental Place.
As far as investment in Federal Land projects is concerned, Banzon said more Filipino overseas are realizing it is a good move to invest in property.
Other than its unique location, the property also offers just the right kind of living spaces. One- and two-bedroom units offer convenient living spaces to city dwellers. Buyers of the two-bedroom units will enjoy a modern-inspired master’s bedroom, which comes with a balcony offering a great view of the city. The second bedroom can become the children’s room, or can easily convert into a guest room.
The showroom of the project is at Don Chino Roces Avenue cor. Javier St., Makati.



